PPP loans were authorized to assist small businesses adversely affected by the COVID-19 pandemic. With new guidance from the IRS, taxpayers may be able to amend their 2020 tax returns to take advantage of the Revenue Procedures.
Tag: PPP
IRS issues ERC guidance as Congress mulls early termination
Fresh IRS guidance is available for employers claiming the Employee Retention Credit in the third and fourth quarters of 2021.
SBA streamlines forgiveness for smaller PPP loans
The SBA has eased the process of forgiving a PPP loan. Here’s how.
PPP forgiveness and repayment: What businesses need to know now
If you received a PPP loan, important forgiveness deadlines are approaching. Are you ready?
PPP application deadline extended
Eligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest on the popular loan program.
The American Rescue Plan Act has passed: What’s in it for you?
The latest COVID-19-related stimulus bill, the American Rescue Plan Act, has now passed. How can you benefit?
PPP adjusted to prioritize very small businesses
The Paycheck Protection Program has undergone some notable changes recently as the Small Business Administration and Biden administration seek to give very small businesses easier access to loan funds.
How can your business benefit from the Consolidated Appropriations Act?
How can your business benefit from the Consolidated Appropriations Act of 2021?
Need another PPP loan for your small business? Here are the new rules
Could your small business use another cash infusion from the Paycheck Protection Program? The new COVID-19 relief law makes this a distinct possibility if you qualify.
Closing 2020 with Some Good News
Paycheck Protection Program Corrections and Additional Funding Many industries were severely impacted by the COVID-19 pandemic, and real estate was no exception. Leases and loans were renegotiated, rents were deferred or reduced and some tenants went out of business. Congress passed the Paycheck Protection Program (PPP) as part of the CARES Act, and while good[ … ]
